CFTC Orders Foreign Traders SMP Bank and Epaster Investments, Ltd. to Pay $980,000 for Engaging in a Wash Sale Scheme in the CME’s Japanese Yen Options Contract Other enforcement

CFTC release 6337-12 · 2012-08-28 · view on cftc.gov ↗

Key facts

Release number: 6337-12
Release date: 2012-08-28
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6337-12

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.